A clause in the charter party requires a...

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Question 1 of 2066636ee728f7522a1c5176e4

A clause in the charter party requires a vessel's owner to pay dispatch money when which of the conditions exists?

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Question 1 of 20

66636ee728f7522a1c5176e4

A clause in the charter party requires a vessel's owner to pay dispatch money when which of the conditions exists?

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🔍 Key Concepts

• Charter party terms related to loading/discharging time • Difference between demurrage and dispatch money • What happens when cargo work is completed faster vs. slower than the agreed laytime

💭 Think About

• Ask yourself: Is dispatch money connected to saving time or losing time on cargo operations? • Think about which side (owner or charterer) benefits when loading/discharging is finished earlier than the laytime allowed. • Consider what term is used when the vessel exceeds the agreed time for loading/discharging and how that contrasts with dispatch money.

✅ Before You Answer

• Identify whether dispatch money is paid when time is saved or lost compared to laytime. • Match the choice that clearly describes cargo being completed in less or more than the agreed time. • Verify that you are not confusing dispatch money with demurrage, which applies in the opposite situation.

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Question 1 of 2066636ee728f7522a1c5176e4

A clause in the charter party requires a vessel's owner to pay dispatch money when which of the conditions exists?

Back

Question 1 of 20

66636ee728f7522a1c5176e4

A clause in the charter party requires a vessel's owner to pay dispatch money when which of the conditions exists?

No comments yet

Be the first to share your thoughts!

If the question has a related picture, it will appear here.

🔍 Key Concepts

💭 Think About

✅ Before You Answer

👋 Hi! I'm Genie, your AI study assistant. How can I help you with this question?

Quick actions

— No credit card needed